Ripple, XRP Endagers Bullish US Crypto Agenda, Messari Founder Says In Fresh Scathing Attack ⋆ ZyCrypto
The post Ripple, XRP Endagers Bullish US Crypto Agenda, Messari Founder Says In Fresh Scathing Attack ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
Advertisement     Messari co-founder Ryan Selkis is a well-known Ripple critic. Over the past few months, Selkis’ scorn for the San Francisco-based company and its cross-border payments token XRP seems to have taken a darker turn. The pundit slammed Ripple’s attempts to create ties with the forthcoming Donald Trump government. Ripple’s CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty dined with President-elect Trump earlier this month. Selkis Takes A Swipe At Ripple And XRP Messari’s Ryan Selkis has once again taken aim at Ripple and XRP. In a recent post on the X platform, Selkis described Ripple as a threat to the Trump administration’s cryptocurrency agenda, cautioning that XRP’s recent market strides are generally detrimental. The industry expert noted that XRP has surpassed Salesforce in market cap and is nearing the market capitalization of Bank of America. Moreover, XRP is now bigger than ride-hailing giant Uber, Spotify, PayPal, and MicroStrategy combined. In addition, the third-largest crypto is basically 5X the size of America’s biggest crypto exchange, Coinbase. “Ripple’s crash and scandals will take down the entire crypto agenda in DC,” Selkis wrote. Advertisement   XRP is now bigger than Salesforce and approaching BofA in market cap. + Top 30 US company.+ Twice the value of Uber.+ Bigger than Shopify, PayPal, and Microstrategy combined.+ 5x the size of Coinbase. Ripple’s crash and scandals will take down the entire crypto agenda in DC. — Ryan Selkis (d/acc) 🇺🇸 (@twobitidiot) January 16, 2025 It’s worth mentioning that XRP currently commands a $178 billion market cap following its recent rally, while Salesforce is valued at $310 billion. But for Selkis and other Ripple critics, this does little to detract from the fact that Ripple’s parabolic growth is a potential threat to crypto. Selkis, meanwhile, claims that Ripple will unleash doom for crypto.…
Filed under: News - @ January 18, 2025 10:24 pm